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Market Cap

47 articles

March 2023

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

As the U.S. banking system stared into the pit of bank runs and collapsing share prices, the authorities acted swiftly to try and pull everything back from the edge. However, Bitcoin seemed unperturbed. Is this what a safe haven looks like?

Weekly Market Wrap: Bitcoin falls below US$20,000 as Silvergate collapse, rate hike concerns rise

Bitcoin fell below US$20,000 for the first time since Jan. 13 on the back of crypto bank Silvergate’s collapse and the U.S. Fed signaling higher than expected interest rate hikes.

Most of NFT industry working on recycled liquidity, says Forkast Labs’ co-founder

NFT sales and market capitalization show rising investor activities, but recycled liquidity and wash trading may tell a different story, Forkast Labs co-CEO says.

Weekly Market Wrap: Bulls fight to keep Bitcoin above US$22,300, as industry experts predict ‘crab walk’

With 69% of Bitcoin supply in profit, BTC is struggling to stay above the US$22,300 support level. A daily close below US$22,300 could see Bitcoin retest the US$21,450 support level. Industry experts share their end-of-March Bitcoin price predictions with Forkast.

Crypto’s March Pullback

Cryptocurrencies across the market took a hit this week despite performing well over the past year.

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Bitcoin, Ether, Forkast 500 NFT index fall; euros rises amid Credit Suisse’s loan

Bitcoin, Ether, Forkast 500 NFT index close lower on the day

Bitcoin, Ether fall; Litecoin is biggest loser of day

Bitcoin, Ether fall along with most top 10 cryptos amid potential for larger interest rate hikes

March 2023

Weekly Market Wrap: Bitcoin rises above US$23,000 after its first weekly ‘death cross’

Bitcoin briefly climbed above US$25,000 for the first time since August 2021, before declining to US$23,764 after its first weekly “death cross.” Investors liquidated over US$70 million worth of Bitcoin short positions in the past 24 hours, according to data aggregator GlassNode, contributing to BTC’s rally.

Weekly Market Wrap: Bitcoin retreats below US$22,000 after a record January. Is the strong start to 2023 reversing?

After the strongest January price increase since 2013, Bitcoin gave up some of its gains this week to dip below the US$22,000 support line on Friday. The crypto market was buffeted by bearish comments on interest rates by U.S. Federal Reserve officials this week, along with concerns about a regulatory crackdown. Is this the start of a downtrend, a healthy correction, or the beginning of a so-called “crab” market moving sideways?

Weekly Market Wrap: Bitcoin breaches US$23,000 in best monthly performance since October 2021

Bitcoin climbed more than 39% in January to break through the US$23,000 resistance ceiling in its best monthly performance since October 2021. Can the world’s first and biggest cryptocurrency maintain the upward momentum? Industry commentators share their views with Forkast.

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Bitcoin, Ether fall along with most top 10 cryptos amid potential for larger interest rate hikes

Markets: Bitcoin, Ether fall along with all top 10 cryptos as investors await consumption index

Bitcoin surpasses Visa’s market cap to be 11th largest asset in the world

Markets: Bitcoin rallies over 11% as top 10 cryptos gain, memecoin Floki surges 82%

Markets: Bitcoin and Ether up, Matic tops gains as investors wait for ECB’s decision on interest rates

February 2023

Weekly Market Wrap: Bitcoin up over 21% in best weekly performance since Feb. 2021. Bull run or bull trap?

Bitcoin’s price has had its best weekly run up since February 2021 in the seven days through Jan. 18, but is that the start of a bull run or setting up the optimists for a sucker punch? Experts share their predictions with Forkast.

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Markets: Bitcoin and Ether up, Matic tops gains as investors wait for ECB’s decision on interest rates

February 2023

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Markets: Bitcoin and Ether up, Matic tops gains as investors wait for ECB’s decision on interest rates

February 2023

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Markets: Bitcoin and Ether up, Matic tops gains as investors wait for ECB’s decision on interest rates

Bitcoin drops below US$19K as crypto bleeds further losses

July 2022

Bitcoin, Ether bear brunt of market selloff amid fears of Fed rate increase

Still recovering from the Terra-LUNA debacle that wiped off billions of dollars in investor wealth, people sold off cryptocurrencies amid a market slump over expectations that the Fed will act faster to tame inflation.
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Bitcoin drops below US$19K as crypto bleeds further losses

Bitcoin recovers above US$20K after weekend slump

Tether market cap shrinks below US$70B, lowest since October 2021

June 2022

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Tether market cap shrinks below US$70B, lowest since October 2021

Bitcoin, crypto market dive to lowest mark since February

May 2022

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Bitcoin, crypto market dive to lowest mark since February

May 2022

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Bitcoin, crypto market dive to lowest mark since February

May 2022

North Korea gains from cyberattacks; Russia crypto mining tax?

North Korea is benefits financially from the crypto cyberattacks. Also, is Russia looking to tax crypto mining soon?

Year’s biggest rally pushes crypto market cap above $2 trillion

After a poor start to the year, the market needed some good news. Industry watchers urge caution.

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Bitcoin, crypto market dive to lowest mark since February

May 2022

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Bitcoin, crypto market dive to lowest mark since February

May 2022

Delay likely for India’s crypto bill; Crypto’s landmark year

Delay likely for India’s crypto bill, none the less 2021 becomes crypto’s landmark year.

Crypto hit in market sell off; Bitget reportedly suspended by MAS

Crypto hit in market sell off, also Bitget reportedly suspended by MAS

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Bitcoin, crypto market dive to lowest mark since February

May 2022

Crypto market cap breaks US$3 trillion: APAC crypto cards to launch

Crypto market cap breaks US$3 trillion, also APAC crypto cards to launch

Bitcoin and Ethereum prices soar to new all-time highs, crypto market now worth $3 trillion

BTC and ETH are surging to dizzying new heights today as part of a broader crypto market rally. What’s going on?

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Bitcoin, crypto market dive to lowest mark since February

Bitcoin, crypto market downward trend continues

November 2021

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Bitcoin, crypto market downward trend continues

November 2021

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Bitcoin, crypto market downward trend continues

Total crypto market cap reaches $2 trillion again

August 2021

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Total crypto market cap reaches $2 trillion again

Bitcoin price plunges and altcoins sell-off as crypto market decline intensifies

May 2021

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Bitcoin price plunges and altcoins sell-off as crypto market decline intensifies